Co-eXprise Energy MarketPlace: Process
Process

While energy brokers and exchanges leave you with only vague procurement advice, Co-eXprise Energy MarketPlace lays out a totally transparent step-by-step sourcing process that actually achieves best market price for your organization:

Phase One: Customer Assessment/Bidder Qualification.
We review your historic and projected electricity and/or natural gas usage requirements, budget parameters as well as your current commodity contract, and its terms, conditions and pricing.

In preparation for bidding, we prepare a detailed Request for Quotation based on your needs. We then arrive at best terms and conditions by collaboratively and carefully reviewing the RFQ with a comprehensive list of highly qualified energy suppliers.

Phase Two: Co-eXprise “Energy Market Insight™.”
The Energy Market Insight phase provides customers with a comprehensive, understandable summary of their own energy marketplace. It captures and compares the regional pricing of CX customers; validates paper bids specific to customer accounts; assesses bidder competitiveness and monitors market indices.

Phase Three: Achieving Best Market Price.
The activities described in Phases One and Two (above) typically result in a competitive Internet-based negotiation/auction. Unlike any standard auctions you may have previously seen, our proprietary best-in-class technology platform uniquely blends competition & transparency to impact your pricing. In our pricing events when suppliers compete you win!

The results are submitted to the customer with a recommendation that represents best market price combined with best terms and conditions. A contract is then awarded to the most competitive bidder.

Phase Four: Ongoing Contract Management
Co-eXprise Energy MarketPlace stays with you long after your energy contracts have been awarded. We carefully audit for contract compliance to assure that the awarded bidder and negotiated best market price are, in fact, implemented. Then we continue to monitor market indices and marketplace price feedback to best position your organization for optimum contract renewals.